Agenda Item Wording:
title
Annual Measure N independent accountants' report - Review and accept the annual report on applying agreed-upon procedures for fiscal year ending 6/30/25.
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Deadline for Action: 1/20/2026
Submitting Department: Finance and Technology Services
Contact Name and Phone Number: Kari Williams, Financial Analyst 559-713-4298 kari.williams@visalia.gov; Renee Nagel, Finance Director 559-713-4375 renee.nagel@visalia.gov
Department Recommendation:
Review and accept the Measure N independent Accountants' report on applying agreed-upon procedures for fiscal year ending June 30, 2025.
Background Discussion:
The City, as part of the voter approved Measure N sales tax override, must have an annual procedural review of the uses of Measure N funds. M. Green and Company has performed this review, which is attached.
There were no findings for fiscal year 2024/2025 (FY 24-25).
This procedural review did not include financial management and accounting practices. The purpose of this procedural review is to ensure that Measure N funds are used in accordance with the ballot measure, program guidelines, and expenditure plan for the fiscal year ended June 30, 2025. The financial management and accounting practices are included in the City's annual audit.
This is a discussion of the procedural review and is not intended as a conservation about plan adjustments or other operational issues. If such adjustments are desired, they should be raised as part of a separate Council discussion.
In November of 2016, the voters of Visalia passed a 1/2 cent sales tax override, Measure N - The Visalia Essential City Services Measure. Sales tax from Measure N will provide for essential city services such as police and fire, as well as maintenance of parks, trails, roads, and City facilities. As part of the measure, Council adopted an accountability ordinance (Ordinance 16-21) to establish accountability measures as outlined below:
Revenue Requireme...
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